ICBC (Thai) POS Terminal's key features

• IP system of internet (LAN), cost saving and stable
• Via Sim Card, an operation on Wi-fi system – cost saving and stable
• Accept VISA, UnionPay, MasterCard,Dual-branded card, TPN and Thai Standard
• Accept transaction of both magnetic card / magnetic-chip card and contactless feature including WeChat/AliPay Payment Acceptance. 
• Able to accept the installment plan
• Support in English, Thai and Chinese language

Benefits to merchants

• Multiple precise advertise channels and promotions ,increase sales volume to merchant
• More payment channel, more purchasing power
• Low risk of cash handling
• To attract Chinese tourists for spending by card and WeChat/AliPay
• Free of charge for installation, rental fee and deposit fee

Highlighted Features

• Automatically settlement at the end of day is a convenience system, no need to manual settlement
• The money will be transferred in next day ,no matter the next day is weekend or public holidays
• Bank will send merchant transaction daily report by email
• Easy to use POS function

Merchant’s Qualifications

• Legally business and registered merchant
• No any fraud record
• Minimum sales volume at THB100,000/month
• Sublease purpose is not permitted

Conditions

• Merchants have to open saving or current account with ICBC(Thai)
• If there are no any transaction within 6 consecutive months via ICBC(Thai)’s terminal, the Bank reserves the right to terminate the service to merchant
• Promoted acrylic sign for ICBC(Thai) POS is prohibited to use in other objectives

Document required for Juristic Person

• Copy of Affidavit issued not longer than 6 months
• Copy of Memorandum and Articles of Association
• Copy of ID of the authorized persons
• Letter of proxy for withholding tax with signature of authorized person and witness
• Copy of VAT certification (Por Por 20)
• Copy of ICBC(Thai) bank account
• Copy of last 4 months of bank statement of cash flow (any banks)
• Copy of Lease Contract (case of rental) (if have)
• Picture of merchant's outlet and map

  How to apply

• ICBC (Thai)’s branches

  More information

• ICBC (Thai) Call Center  02-629-5588